Categories Economy, Narrative, Office Market

Investing in Commercial Real Estate

These days, it’s easier than ever to get started in investing. There are apps that let you buy and trade stocks while waiting at the gas station. Real estate, especially residential, has always been an accessible investment vehicle. But these days, even commercial real estate is being disrupted and opening up to the masses, with … Continue reading Investing in Commercial Real Estate

Categories Economy, Narrative, Office Market, Office Trends

Negative Office Absorption in Our Future

We now believe the national office market will likely have negative absorption for 2020 and, depending on how long the pandemic lasts, into 2021.  Globe Street has a nice overview in the article below my comments.  Here are some of my thoughts on the office sector looking forward into the next year. Why negative absorption … Continue reading Negative Office Absorption in Our Future

Categories Narrative, Office Market

1-Minute Phoenix Metro Office Market Update: Q3 2020

The sandstorm continues. In Phoenix, we call it a haboob.  Uncertainty, again, served as the main theme of the Metro Phoenix Office Market in the third quarter.  Vacancy didn’t really rise that much in the past 90 days.  Rental rates softened only slightly.  Sublease space spiked up again this quarter. We are seeing companies who … Continue reading 1-Minute Phoenix Metro Office Market Update: Q3 2020

Categories Economy, Narrative, Office Market, Office Trends

Top 10 Issues Affecting Real Estate

The Counselors of Real Estate (of which Andrew and I are proud members) have released their annual top 10 issues affecting real estate.  Please read the whole article below.  As you can imagine, COVID-19 is currently leading the way on issues affecting real estate. Big shocker.  We have written about the pandemic a ton in previous … Continue reading Top 10 Issues Affecting Real Estate

Categories Narrative, Office Market

1-Minute Phoenix Metro Office Market Update: Q2 2020

Not surprisingly, the Metro Phoenix office market Q2 2020 experienced plenty of highs and lows.  Office leasing slowed, but it did not stop.  Sublease space increased dramatically, but it’s not at an all-time high.  Positive COVID cases declined, then spiked here in Arizona, as they did in much of the country.  We continue to learn … Continue reading 1-Minute Phoenix Metro Office Market Update: Q2 2020

Categories Economy, Graphs, Narrative, Office Market

What is Your State’s Poor Infrastructure Costing You?

Below is an incredible graph.  States have let their infrastructure go to hell and it is costing consumers a ton of money in car damages.  Take a look below to see what your state is costing you.I also pulled cities within the Metro Phoenix market to see what individual cities are costing us. 1—Lack of … Continue reading What is Your State’s Poor Infrastructure Costing You?

Categories Economy, Narrative, Office Market, Office Trends

Most Expensive U.S. Office Submarkets

I messed up.  This is a narrative that edits what I sent over earlier this week. Below is the narrative and orange are my edits.  Sorry for sending incorrect information.  Craig Over the past several years, one of the trends my team has been tracking is the number of California companies that are moving to … Continue reading Most Expensive U.S. Office Submarkets

Categories Narrative, Office Market

1-Minute Phoenix Metro Office Market Update: Q1 2020

After a strong start to the year, COVID-19 has stamped a pause button on the majority of office deals in the market.  Closing out the first quarter, the Metro Phoenix office market absorbed just 310,280 square feet.  This is 25% of Q1 2019’s figure.  Vacancy crept up only slightly by 100 basis points to 16.2%.  … Continue reading 1-Minute Phoenix Metro Office Market Update: Q1 2020

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